$83 million project planned across street from San Antonio’s City Hall

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Photo: Courtesy Teeple Partners

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Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Photo: Courtesy Teeple Partners

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Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Photo: Courtesy Teeple Partners

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Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Photo: Courtesy Teeple Partners

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Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Photo: Courtesy Teeple Partners

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Austin development firm Teeple Partners plans to build an $83 million mixed-use project with 45,000 square feet of retail and offices, 305 apartments and a parking garage, the list indicates.

Austin development firm Teeple Partners plans to build an $83 million mixed-use project with 45,000 square feet of retail and offices, 305 apartments and a parking garage, the list indicates.

Photo: Kin Man Hui /San Antonio Express-News

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The city of San Antonio has awarded Teeple Partners an $8 million incentive package, including a $5.9 million tax reimbursement, $1.1 million in fee waivers and a $1 million development loan.

The city of San Antonio has awarded Teeple Partners an $8 million incentive package, including a $5.9 million tax reimbursement, $1.1 million in fee waivers and a $1 million development loan.

Photo: Kin Man Hui /San Antonio Express-News

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The last two years has brought a swarm of development activity to the area around Teeple Partners’ proposed development, sometimes referred to as the Zona Cultural district.

The last two years has brought a swarm of development activity to the area around Teeple Partners’ proposed development, sometimes referred to as the Zona Cultural district.

Photo: Google Maps

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The development, referred to as Kallison Square, would be built on a 1.4-acre property owned by two local companies. An affiliate of Teeple Partners, Penta Partners V LP, signed a 100-year lease of the property in 2007. less

The development, referred to as Kallison Square, would be built on a 1.4-acre property owned by two local companies. An affiliate of Teeple Partners, Penta Partners V LP, signed a 100-year lease of the property ... more

Photo: Kin Man Hui /San Antonio Express-News

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Photo: COURTESY RENDERING PROVIDED BY THE HDRC

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1. The Historic and Design Review Commission approved July 6, 2016 a plan to replace this dilapidated Solo Serve building with a 9-story hotel.

1. The Historic and Design Review Commission approved July 6, 2016 a plan to replace this dilapidated Solo Serve building with a 9-story hotel.

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A drawing of what will be built on Solo Serve's current lot. An Austin firm called Merritt Development Group is the current applicant.

A drawing of what will be built on Solo Serve's current lot. An Austin firm called Merritt Development Group is the current applicant.

Photo: Historic And Design Review Commission /

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2. This current 50s-era Sullivan Building could be replaced with a 197-room, 138,000 square-foot Canopy by Hilton hotel.

2. This current 50s-era Sullivan Building could be replaced with a 197-room, 138,000 square-foot Canopy by Hilton hotel.

Photo: COURTESY /COURTESY

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Rendering: The 24-story Canopy by Hilton hotel, which would include 197 rooms and span 137,927 square feet.

Rendering: The 24-story Canopy by Hilton hotel, which would include 197 rooms and span 137,927 square feet.

Photo: Courtesy

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3. Powers Brown Architecture has submitted plans to the city for a tower on a vacant lot at 101 Lexington Ave. The tower would include seven levels of parking, six of hotel space and seven of condominiums near the Tobin Center.

3. Powers Brown Architecture has submitted plans to the city for a tower on a vacant lot at 101 Lexington Ave. The tower would include seven levels of parking, six of hotel space and seven of condominiums near

4. This currently empty building at 901 E Houston Street in downtown San Antonio could be replaced with a Tru Hilton hotel.

4. This currently empty building at 901 E Houston Street in downtown San Antonio could be replaced with a Tru Hilton hotel.

Photo: Public Documents From The Historic And Design Review Commission

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Renderings of the future proposed hotel at 901 E Houston Street in downtown San Antonio.

Renderings of the future proposed hotel at 901 E Houston Street in downtown San Antonio.

Photo: Miller, Jessica, Public Documents From The Historic And Design Review Commission

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5. Local developer Keller Henderson plans to build a 10-story upscale apartment building along the River Walk. Plans call for demolishing a row of buildings on East Commerce Street to make way for the building.

5. Local developer Keller Henderson plans to build a 10-story upscale apartment building along the River Walk. Plans call for demolishing a row of buildings on East Commerce Street to make way for the building.

Photo: Courtesy

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6. Lake Flato and local developer David Adelman of Area Real Estate plan to build a 150-unit apartment building with a 415-space parking garage at the southwest corner of Hemisfair. The project was approved by the Historic and Design Review Commission.

6. Lake Flato and local developer David Adelman of Area Real Estate plan to build a 150-unit apartment building with a 415-space parking garage at the southwest corner of Hemisfair. The project was approved by

7. Plans to replace the The Solo Serve building along Soledad Street with a 21-story hotel have been canceled.

7. Plans to replace the The Solo Serve building along Soledad Street with a 21-story hotel have been canceled.

Photo: J. MICHAEL SHORT, SAEN

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Dallas developer Woodbine Development Corp. released this rendering of what they hoped to bring to San Antonio before canceling construction plans.

Dallas developer Woodbine Development Corp. released this rendering of what they hoped to bring to San Antonio before canceling construction plans.

Photo: Woodbine Development, Courtesy

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8. San Antonio officials have granted an $8 million tax incentive package to an Austin development firm to build a 21-story high-end apartment tower with shops and offices across the street from City Hall in July 2017.

8. San Antonio officials have granted an $8 million tax incentive package to an Austin development firm to build a 21-story high-end apartment tower with shops and offices across the street from City Hall in

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Kallison Square will include include 15 floors of residential units on top of a six-story parking garage with 525 spaces. It is expected to be complete in 2020.

Photo: Courtesy Teeple Partners

$83 million project planned across street from San Antonio’s City Hall

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San Antonio officials have quietly granted an $8 million tax incentive package to an Austin development firm to build a 21-story high-end apartment tower with shops and offices across the street from City Hall.

Teeple Partners, a development firm from Austin, plans to build the $83 million tower at the southwest corner of Flores and Dolorosa streets, according to a copy of the tax package signed by the firm and city in March. The project proposes 45,000 square feet of retail shops and offices as well as 305 upscale apartments and condominiums, according to the documents obtained by the Express-News.

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The incentive package includes a $5.9 million tax reimbursement, $1.1 million in fee waivers and a $1 million development loan that could be forgiven if the developer meets certain conditions, according to the agreement.

Charles Teeple, president of Teeple Partners, declined to comment when reached by phone on Thursday.

The target rental price for the apartments would be $2.75 a square foot, according to the incentive agreement, which would make them among the most expensive in San Antonio.

The project, named Kallison Square, proposes to include 15 floors of residential units on top of a six-story parking garage with 525 spaces, said Ramiro Gonzales of the city’s Center City Development & Operations Department. It’s not yet clear how many of the units will be apartments and how many will be condos, he said. The project will incorporate seven historic buildings that are already on the property.

Construction is expected to begin next spring and wrap up in mid-2020, but Gonzales cautioned that those dates are flexible.

The site is “right next to where all the downtown workforce is, where we would hope many of the employees could live,” he said. “I wouldn’t say it’s a blighted corner, but it’s certainly underutilized … it’s adding to that fabric we’re trying to create in the downtown core.”

Teeple Partners’ development would be built on a 1.4-acre property owned by two local companies, Nueva Corp. and PK Realty. An affiliate of Teeple Partners, Penta Partners V LP, signed a 99-year lease for the property in 2007, according to county property records.

The site is in the western part of downtown, known as Zona Cultural, which is largely dominated by government offices and law firms, making it dormant after business hours. Teeple Partners’ proposal would revitalize the area by bringing in residents to activate it 24 hours a day, said Pat DiGiovanni, president and CEO of Centro San Antonio.

New projects have blossomed in the Zona Cultural area over the last two years. Weston Urban’s 23-story Frost Tower is being built two blocks to the north of Teeple Partners’ project, and an 18-story hotel and office tower is planned on Main Plaza, a block away. Other developments in the works nearby include a $135 million new federal courthouse and several upscaleapartmentbuildings. H-E-B’s South Flores Market is a short walk to the south.

San Pedro Creek, which is undergoing a $175 million rehabilitation, runs nearby. The city and county are looking for investors to redevelop 7 acres of land they own around the creek, including a 2.5-acre vacant lot next to the Teeple Partners site.

The site of the proposed development is currently occupied by a parking lot, a few restaurants and other retail businesses, as well as some vacant storefronts. One of the buildings was formerly Kallison’s Western Wear and still has a statue of a cowboy on its roof.

Teeple Partners is applying for state and federal historic tax credits for the project, which will be a “crucial part of the financing package,” according to the incentive agreement.

The firm, which was founded in 1982, has developed three apartment complexes in San Antonio — Westover Oaks and Verdant at Westover Hills on the far West Side, and Bulverde Oaks in the Stone Oak area. It has built and managed other residential, office and retail developments in Austin and throughout Texas, according to its website. The firm has also helped build single-family subdivisions across the state.

In 2011, Teeple Partners was one of six developers to pitch ideas to CPS Energy for a new headquarters. The utility decided instead to buy two dormant towers on the Museum Reach for new offices.